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Home/ International Politics of the Middle East/ Contents contributed and discussions participated by Julianne Greco

Contents contributed and discussions participated by Julianne Greco

Julianne Greco

Islamist fighters switch to Somali gov't side _English_Xinhua - 0 views

  • Nearly 19 Islamist fighters including a senior commander from Hezbul Islam rebel movement on Tuesday defected to the Somali government, officials said.     The Islamist group of Hezbul Islam has lately been fighting Al-Shabaab, another radical Islamist rebel movement, over the controlof the southern port town of Kismayu.
Julianne Greco

Blowback: Why Armenian's can't 'get beyond' the genocide -- latimes.com - 0 views

  • For Armenians, there is no "getting beyond" the issue of the genocide. Turkey's denial of the genocide, for which it has gone unpunished, is an injustice all Armenians must live with every day.
  • For the West to applaud the agreement reached by Turkey and Armenia, presumably due to geopolitical gains, is to condone sweeping under the rug one of the world's worst unpunished crimes.
Julianne Greco

The Associated Press: House allows states to sell funds linked to Iran - 0 views

  • The House has voted to give state and local governments the authority to cut investment ties with international corporations that do business in Iran's energy sector.
  • The vote also protects from shareholder lawsuits investment companies that have divested from or avoided investing in Iran's energy sector as a way of protesting Iran's nuclear program and anti-U.S. policies.
Julianne Greco

CNPC, BP Sign Oil Deal to Develop Iraq Field - WSJ.com - 0 views

  • British oil major BP PLC and China National Petroleum Corp., or CNPC, signed an initial agreement with Iraq to develop Rumaila, Iraq's largest producing oil field, paving the way for a final deal calling for investment estimated at as much as $15 billion, an Iraq ministry spokesman said.
  • payment terms, BP and CNPC cut their remuneration fee to $2 a barrel and won Rumaila. Seven other oil and natural-gas fields weren't awarded because international companies turned down the ministry's terms on payments.
Julianne Greco

BBC NEWS | Americas | Iran to import Venezuelan petrol - 0 views

  • Venezuela has agreed to export petrol to Iran, in a sign of closer ties between two of America's most vocal adversaries.
  • Iran is a major oil exporter but lacks domestic refining capability.
  • Mr Chavez has been using Venezuela's oil wealth to counter US influence in Latin America and to boost ties with nations not friendly with Washington.
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  • The West suspects Iran is secretly trying to build nuclear weapons, while Tehran insists its programme is solely peaceful.
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    I can't help but be reminded of an article I had to read for IR by John Mearsheimer: "Hans Morgenthau and the Iraq War". It asserted that if balancing behavior of states is more common, Iran and North Korea would be more likely to build up their military and go for nuclear weapons, rather than submit to the Western powers. That seems to be happening now. I'm not saying balancing power is the only self-help behavior states engage in, but this seems to be a classic example of the West versus the rest scenario.
Julianne Greco

Islamic Bonds Receive a Boost - WSJ.com - 0 views

  • Global issuance of sukuk, or Islamic bonds, rallied during the third quarter with the value of sukuk issued rising 82% in the latest sign that confidence is returning to capital markets
  • Investors are putting more faith in the sukuk market, seen as a more stable platform to raise capital, as the financial crisis eases and global market conditions improve rapidly, bankers say.
  • Sukuk comply with Islam's ban on interest and are backed by physical assets from which returns are derived and paid to bondholders instead. European and Asian investors are increasingly buying into Middle East Islamic bonds in a bid to diversify their portfolios into a market showing greater signs of recovery, according to Mark Waters, BNP Paribas's head of debt capital markets in the Middle East.
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  • Primary sukuk issued out of the Middle East and North Africa region accounted for 59% of total volume of global sukuk this quarter.
Julianne Greco

BBC NEWS | Middle East | Obama to meet Middle East leaders - 0 views

  • Mr Obama will hold separate talks with Israeli Prime Minister Benjamin Netanyahu and Palestinian President Mahmoud Abbas, before a joint meeting.
  • The announcement of the meetings, which will take place on the sidelines of the UN General Assembly in New York, came after US envoy George Mitchell's latest round of shuttle diplomacy ended without agreement.
  • Mr Netanyahu had previously offered a temporary freeze for several months, but not in East Jerusalem or in cases where homes have already been approved.
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  • On Saturday, both sides were reported as blaming each other for the lack of any agreement to resume the peace process following Mr Mitchell's visit.
Julianne Greco

Pakistan's Army Said to Be Linked to Many Killings - NYTimes.com - 0 views

  • The army has acknowledged that bodies have turned up, but its spokesmen assert that the killings are the result of civilians settling scores.
    • Julianne Greco
       
      Clearly, there is major discrepancy on just who is behind these killings and who is more reasonable to listen to--just another example of extensive corruption and finger-pointing
  • Now, concerns over the army’s methods in the area threaten to further taint Washington’s association with the military, cooperation that has been questioned in Congress and has been politically unpopular in Pakistan.
    • Julianne Greco
       
      U.S. public pressure is powerful and reaches this far out. How Washington has chosen to associate itself in the past, carries weight, but now falls into opposition with popular opinion and the opinions of many other sources.
  • The Human Rights Commission, a nongovernmental organization, disputed that all the victims had been killed by civilians, saying last month that there were credible reports of retaliatory killings by the military. It said that witnesses had seen mass graves and that in some cases, the bodies appeared to be those of militants.
Julianne Greco

For a Bounced Check in Dubai, the Penalty Can Be Years in Jail - NYTimes.com - 0 views

  • For more than a year, prosecutors have been cracking down on the corruption and kickbacks that thrived during the boom years in this Persian Gulf city-state
  • But alongside the con artists and crooks, a rising number of businesspeople have been sent to jail for going into debt. Bouncing a check is a criminal offense here. That fact has begun raising questions about the fairness of Dubai’s laws, especially among the foreigners who make up about 90 percent of the population.
  • he criminalization of debt has put a formidable weapon in the hands of landlords, banks and other creditors, who can send someone to jail with a single document showing a check has been returned for insufficient funds. It has also complicated Dubai’s efforts to recover from the financial crisis by sending many legitimate but struggling businesspeople to jail, where they find it even harder to repay their debts.
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  • many expatriates to flee when they are in financial trouble rather than filing for bankruptcy and setting out a repayment schedule
  • Some financial analysts say the risk of arrest for debt could also drive away potential new investors and businesspeople as Dubai struggles to recover from the current economic slump.
  • The root of the problem, analysts say, is that Dubai’s legal structures have not kept pace with its frenetic development
  • Dubai’s laws are largely based on Egyptian civil law and Islamic law, or Shariah, with no real effort to encompass the tremendous volume of its commerce.
  • Some efforts have been made to change the system, though analysts worry that they may fade as the economic crisis recedes.
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    It's alarming how easy it is to commit a criminal offense. It is not hard to get debt or accumulate it in the business world, especially when the economy is not as good, so it's really not surprising that this could collapse Dubai's economy with the now minimal inclinations for businesses to take risks and low incentives for foreign investment.
Julianne Greco

Khamenei Speech Offers No Compromises - WSJ.com - 0 views

  • Iranian Supreme Leader Ayatollah Ali Khamenei, in his second address to the nation since the turmoil over the June presidential election, set a tough tone for where the country is heading: No compromises with opponents outside or inside Iran
  • The comments set the stage for the possible arrest of opposition leaders Mir Hossein Mousavi and Mehdi Karroubi.
  • The document, and a public Russian rebuff of the idea of new sanctions against Iran, left President Barack Obama with few options before a deadline he set this month for diplomatic progress.
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  • In Iran, Mr. Khamenei's speech marked the anniversary of the death of Shiite Islam's founder Imam Ali. Mr. Khamenei drew comparisons between his rule and that of the imam. He recounted how Imam Ali had practiced patience with opponents until it was clear they weren't changing course, and then took out his sword to deliver them a final blow.
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    In just a few weeks (or sooner) Iran will be forced to take action. It will be interesting to see how Obama will later react to this increasinly volatile situation...and will Ahmadinejad heed warning? How Iran proceeds from here will very well set the stage for conduct in U.S.-Iran relations during the Obama presidency.
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    What better way to win over public opinion then to evoke religious bases and compare his rule to that of the Imam? It's ironic that Khamenei describes a level of historical tolerance, then completely goes the other direction and asserts that violence must be the conclusion if they don't get their way.
Julianne Greco

BBC NEWS | Middle East | US open to Iran's offer of talks - 0 views

  • The US says it is willing to accept an offer from Iran for talks on a wide range of issues.
  • While stressing the offer "does not address our nuclear concerns" the US said it is was ready to "test Iran's willingness to engage".
  • On Friday, Russia warned against taking any military action against Iran.
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  • The P+5 Group - the UK, China, France, Russia and the US plus Germany - have a longstanding offer on the table of diplomatic incentives in return for the suspension of Iran's uranium enrichment. Iran has always defended its right to continue its nuclear programme.
Julianne Greco

Strife in Yemen: The world's next failed state? | The Economist - 0 views

  • Yemen’s army can claim unwonted accuracy in its latest offensive, Operation Scorched Earth
  • The clashes pit regular government troops, backed by lighter-armed tribal allies, against tribesmen loyal to the Houthi family, a powerful northern clan
  • would suggest a link to global jihadists. But most of their adherents belong to the Zaydi sect, a normally quietist branch of Shia Islam that is unique to Yemen and which most Sunnis regard as quaintly schismatic.
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  • Yet, as in a family feud, Yemenis struggle to explain what started the Houthis’ quarrel with the government. Its roots go back to the early 1990s, when Saudi Arabia expelled nearly a million Yemeni workers to punish Mr Saleh for backing Saddam Hussein’s Iraq in the first Gulf war in 1991.
  • After the last round of clashes sputtered out in July 2008, Houthi forces quietly regained possession of much of the country around Saada, positioning themselves to block the few roads that give access to the rest of the country.
  • Each side accuses the other of atrocities and of acting as a cat’s-paw for foreign powers. The government says the Houthis are fighting for Iran. The rebels say the government truckles to the Saudis.
  • although there is no proof of Iranian involvement, Saudi Arabia does have a legitimate interest in helping Yemen’s government control its side of their mutual border. The kingdom is, in fact, a reluctant ally of Mr Saleh, as are the Western donors whose aid has long propped up his regime. But with even more perilous potential threats to Yemen looming, such as growing unrest in the once-separate south and menacing signs of a resurgence by affiliates of al-Qaeda, Mr Saleh can still plausibly pose as the only man stopping the country from becoming the world’s next failed state.
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